Karol \k(a)-rol\ as a boy's name (also used as girl's name Karol), is a variant of Charles (Old German) and Karl (Old German), and the meaning of Karol is "free man".

The baby name Karol sounds like Karel and Karoly. Other similar baby names are Kail, Carl, Carel, Karmel, Caron, Karr, Caryl, Caroll, Carrol, Karolik, Karolek, Kyril, Kiril, Daryl, Darrol, Darel, Earl, Errol, Garon, Garold, Harel, Jaryl, Jarel, Jarl, Kael, Kalil, Kahil, Kamal, Kamil, Karim, Karam, Kari, Karrel, Karlos, Karlo, Karli, Karle, Karmi, Karny and Kyron.